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Winding up a company is the process by which a company ceases its activities and is formally deregistered from the register of legal persons. This can happen for a variety of reasons: the owners' decision to cease operations, the failure of the business model, or for other reasons such as the inability to continue operations. Liquidation ensures that all liabilities are properly settled, creditors are paid and any remaining assets or profits are distributed among the members of the company. This is an important process that must be done correctly to avoid legal consequences.
Which companies can be wound up?
Our specialists have experience in liquidations of the following forms of legal entities: private limited company (UAB), small partnership (MB), public institution (PFI). We can help you by taking over the entire process, or you can do it yourself using our ready-made instructions and document templates.
The winding-up of a company has several stages, from the adoption of the decision to the dissolution of the legal entity.
It is important to prepare all the necessary documents and follow each step carefully. Our specialists offer comprehensive assistance in the liquidation of a company, including advice on keeping the accounts in order and on the correct submission of documents.
You can wind up your company yourself using the instructions and document templates provided by our experts.
What is included in the winding-up package?
This package gives you detailed steps on how to prepare the necessary documents, from the adoption of the decision to the de-registration of the company. The documents include instructions on how to set up the accounts, appoint a liquidator, settle debts, archive documents and all the other steps needed for a successful winding-up. You will also find all the necessary templates, where all you have to do is to fill in your company's details and signatures.
How long does it take to wind up a company?
Winding up a company usually takes between 2.5 and 6 months, depending on how busy you and the authorities are and what you do.
In this section you will find testimonials from our customers who have purchased our goods and services: consultations, trainings and seminars.
Before Visita, my accounting was a complete misunderstanding. I had recently changed my business from an IDV to an MB, so it was very important for me to understand and learn how to keep and manage my accounting tasks properly. Visita was very patient and clear and showed me step by step what to do in my case. So I am very grateful! It saved me not only time and nerves, but also money, because I will be able to do it myself!
Visita, thank you very much for your advice. Everything has come together 🙂 because I was always worried about all the things related to bookkeeping, and after the consultation everything is much simpler than it might seem at first sight. I was very impressed by your energy and dedication to your work! It is obvious that you are like a "fish in water" in your field 🐳
The consultation with Visita on MB taxes was very useful. Visita was very professional, clear and specific and gave me a complete strategy on how to manage the company's bookkeeping and avoid making mistakes. I recommend it!
These fun cards touched directly on financial choices and were a great excuse to talk about budget management in our family. The cards are more of a didactic tool than a game, but the questions and advice on the cards are taken from real life and make us think about what would give us the most financial benefit in a particular situation? It was a great opportunity to pay attention to the correctness of our financial choices and to relate them to our everyday life.
I was pleasantly surprised by the cards. One of the things I appreciate most about these cards is that complex financial information is easy to understand and apply. In addition, the practical exercises gave an even deeper understanding. After completing them, I finally saw the mistakes I had been repeating all along. I also developed a few habits that stopped me worrying about financial issues.
At first, I was quite sceptical about the cards, as I had done some training on financial management before, and nothing had changed in my life after that. Anyway, I didn't want things to stay as they were, because living paycheck to paycheck was very stressful for me and my family. I decided that I had nothing to lose by trying out the Financial Literacy Cards, especially since the price was really affordable.